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    OFF-MARKET
    Land

    28 Ar-109, Magazine, AR 72943

    0.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.16-acre commercial land parcel, located in the heart of historic downtown Magazine, Arkansas, presents a unique investment opportunity. The property, identified by APN 120-00271-000, is zoned C-1, offering a range of potential commercial uses. The sale includes a small, adjacent vacant lot, adding to the overall acreage and development possibilities. The property is being sold "as is, where is," reflecting its historical character and potential for renovation. Situated at 28 AR-109, Magazine, AR 72943 (latitude 35.1502716, longitude -93.8070565), this location offers high visibility and accessibility within the town's central business district. The asking price for this prime piece of Arkansas history is $25,000. This represents a chance to acquire a significant piece of Magazine's heritage and contribute to its ongoing revitalization. The property's potential is vast, allowing for creative redevelopment and the preservation of a significant piece of the town's past. Serious inquiries are encouraged to explore the possibilities this unique property offers. Logan County records confirm the property details.

    Property profile
    Verified
    Property type Land
    Lot 0.16 ac (6,970 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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